Tag: cryptocurrency

Please describe in short what the ICO is.
Vadim Blaustein: ICO stands for Initial Coin Offering, it is an innovative crowdfunding tool that allows selling tokens (cryptocurrency) to interested buyers in exchange for funds that are used to finance the project, or fund a research, or support another attractive business model.
How relevant are ICOs today?
Vadim Blaustein: Extraordinarily. In 2017 ICOs have shown tremendous growth, and the ICO market raised over 3.5 billion USD. The month of September was a success in itself when 800 milli... Read More »

2017 was marked by an unprecedented demand for the cryptocurrency. As a result, the cryptocurrencies grew in price at an incredible rate. For example, in April 2017 1 Bitcoin cost 1147,63 USD, in April 2018 the price is approximately 6992,51 USD. In December 2017, the price for 1 Bitcoin was almost 20.000 USD. Another popular cryptocurrency also showed growth, in April 2017 1 Ethereum was sold for 44,85 USD, and in April 2018 the price is 391,34 USD. “These indicators demonstrate the high capitalization of the cryptocurrency and the significant... Read More »

Warren Buffett isn’t buying the cryptocurrency craze.
“I can say with almost certainty that they will come to a bad ending,” the Berkshire Hathaway CEO said during an interview with CNBC.
As the price of bitcoin surged to a record high of nearly $20,000 (£14,800) in December, the alternative currency — and the idea of cryptocurrencies in general — generated intense interest from both amateur investors and from institutions like Goldman Sachs, which reportedly is setting up a cryptocurrency trading desk. Mr Buffett, known for his often-pre... Read More »